{"id":6897,"date":"2010-01-28T13:00:52","date_gmt":"2010-01-28T13:00:52","guid":{"rendered":"https:\/\/armbanks.am\/2010\/01\/28\/230527\/"},"modified":"2024-12-15T12:46:05","modified_gmt":"2024-12-15T12:46:05","slug":"expert-armenian-governments-bailout-policy-successful-and-well-justified","status":"publish","type":"post","link":"https:\/\/armbanks.am\/en\/2010\/01\/28\/6897\/","title":{"rendered":"Expert: Armenian government\u2019s bailout policy successful and well-justified"},"content":{"rendered":"<p><strong>YEREVAN, January 28. \/ARKA\/.<\/strong> Armenian government\u2019s bailout policy is successful and well-justified, Gagik Minasyan, chairman of Armenian National Assembly\u2019s finance and budget committee, said Wednesday at a pres conference.<\/p>\n<p>\u201cThe government is successfully implementing its bailout plan. As a result, not a single social program was cut in 2009, and all social expenses were carried out as planned,\u201d he said.<\/p>\n<p>Despite the global recession, new jobs were created in 2009.<\/p>\n<p>The steps taken by the government, shielded people in Armenia from shocks in 2009 and laid ground for future economic growth.<\/p>\n<p>In June 2009, Armenian government started pursuing a comprehensive expansionary policy aimed at spurring domestic demand.<\/p>\n<p>In particular, budget funds were targeted for supporting backbone enterprises, small and mid-scale businesses and construction companies.<br \/>\nArmenia also attracted funds from foreign organizations.<\/p>\n<p>Russia lent $500 million to Armenia for bailout measures, International Monetary Fund pledged $822.7 million and the World Bank $545 million. -0&#8211;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Armenian government\u2019s bailout policy is successful and well-justified, Gagik Minasyan, chairman of Armenian National Assembly\u2019s finance and budget committee.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":"","tstyn_error":""},"categories":[12139,9216],"tags":[15837,12688,15841,12460,12325,12852],"class_list":{"0":"post-6897","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-economy-en","7":"category-news","8":"tag-armenia-2","9":"tag-armenia-analyst-inflation","10":"tag-government-2","11":"tag-minasyan","12":"tag-policy","13":"tag-problems"},"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/6897","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/comments?post=6897"}],"version-history":[{"count":0,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/posts\/6897\/revisions"}],"wp:attachment":[{"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/media?parent=6897"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/categories?post=6897"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/armbanks.am\/en\/wp-json\/wp\/v2\/tags?post=6897"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}